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No conclusive data to establish direct correlation of disease exclusively due to air pollution: Govt
Air pollution is one of the aggravating factors for respiratory...
Panel comprising RBI academia preparing new base year for GDP
The government has decided to update the base year for compilation...
Vice prez stresses on importance of enforcing ”polluter pays” principle
“From panchayat to Parliament, all stakeholders must act proactively in protecting the environment,” Vice President M Venkaiah Naidu said.
Highlighting recent disasters such as the flash floods in Himachal Pradesh, landslides in Uttarakhand and heat waves in Canada and the United States, he said these are instances of increasing frequency of extreme weather events due to global warming and climate change.
He stressed on the need to act stringently with violators of pollution laws and consider strict enforcement of the ”polluter pays” principle, the statement said.
Welfare fraud and errors cost UK a record 8 bln pounds during pandemic
The government had to deal with an increased risk from organised crime since the start of the pandemic, the NAO said. Fraudsters hijacked people’s identities in order to make fictitious claims with payments routed into bank accounts they could access, the watchdog said.
No negligence of normal vaccination programme for children due to COVID-19 disruptions: Govt
.“These reports are not based on facts and do not reflect the true picture and the Ministry along with all States and UTs and development partners, have worked towards mitigating negative impacts of COVID-19 and taking urgent actions to ensure that children receive life-saving vaccines under UIP,” said the ministry on Friday.
RBI to unveil first financial inclusion index: Das
The index will have parameters across the three dimensions, including access, usage and quality, he said, adding “work on FII is underway and the index will be published very shortly by the Reserve Bank”.
IFSCA forms expert panel to develop a Longevity Finance Hub in GIFT City
Development in medicinal science and technology will support extending of lifespan and longevity of the silver generation. It is estimated that by 2040, there will be more members of the silver generation than people under 20. This demographic change will throw open new challenges and opportunities especially in the areas of wealth management, health, insurance, and other investment products, said the IFSC.
SC asks UP to reconsider its decision to hold even ‘symbolic’ Kanwar Yatra
The top court’s direction came after the Uttar Pradesh government told the bench that it has decided after relevant discussions to hold a symbolic Kanwar Yatra with appropriate Covid restrictions.
Solicitor General Tushar Mehta for the Centre told the top court that states shall not be allowed to hold Kanwar Yatra in view of Covid and arrangements for Ganga water should be made by tankers at specified places.
U.S. launches online hub to help ransomware victims
The new website, www.StopRansomware.gov, is an initiative led by the Justice and Homeland Security departments.
The launch of the new website and the $10 million reward come on the heels of a ransomware attack earlier this year against the Colonial Pipeline Co. that led to widespread shortages at gas stations along the East Coast of the United States. The Justice Department was later able to help Colonial Pipeline recover some $2.3 million in cryptocurrency ransom it paid to hackers.
About $350 million in ransom was paid to cyber criminals in 2020, a more than 300% increase from the previous year, the department said.
India needs to diversify pharma raw material imports, up R&D spends: RBI paper
The country is the third largest pharma manufacturer in the world by volume and fourteenth by value, and the sector contributes 2 per cent of Indian GDP and 8 per cent of the total merchandise exports
Paytm with funded by Berkshire Hathaway and Ant targets $2.2 bln Indian IPO in booming e-payment market
The offering, which values the company at up to $25 billion according to sources, comes at a time of a pandemic-fuelled boom in India’s digital economy and an intensifying battle for market share with Alphabet Inc’s Google Pay and Facebook Inc-owned WhatsApp Pay.
Founded by entrepreneur Vijay Shekhar Sharma, 43, the company was thrust into the spotlight in 2016 during India’s shock ban on high-value currency bank notes, which led to a surge in digital payments. It helped Paytm expand its services to insurance and gold sales, movie and flight ticketing, and bank deposits and remittances.
Floods leave at least 108 dead in Europe
Joerg Asmussen, managing director of the German Insurance Association (GDV), said the prevalence of storms, floods, heavy rain and hail in Germany this year could make it one of the most damaging since 2013.
Heavy rain and hail in June caused an estimated insurance loss of 1.7 billion euros ($2 billion), he said by email.